ZB ZB
Opinion
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

National: Govt fixing own mistake by increasing superannuation, benefits in line with inflation

Author
Newstalk ZB,
Publish Date
Tue, 14 Mar 2023, 7:06am
National's finance spokesperson Nicola Willis. Photo / Mark Mitchell
National's finance spokesperson Nicola Willis. Photo / Mark Mitchell

National: Govt fixing own mistake by increasing superannuation, benefits in line with inflation

Author
Newstalk ZB,
Publish Date
Tue, 14 Mar 2023, 7:06am

National says the Government is fixing its own mistake by increasing superannuation and main benefits in line with inflation.

The change kicks in from next month.

National Deputy Leader Nicola Willis says the Government switched to calculating them based off average wages, instead of inflation.

But she told Kate Hawkesby the problem is, average wages haven't kept up with inflation and prices.

Willis says they're pleased to see superannuitants getting the payments they deserve -- but what we need, is a plan to get inflation under control.

LISTEN ABOVE

Take your Radio, Podcasts and Music with you